Question

Values tend to vary across generations because they are influenced by events in childhood and youth. For example, some parents lived through the Depression, and this experience led them to be risk takers in terms of their investments.a) trueb) false

Answer 1

Answer:

False

Explanation:

The reason is that the values tend to vary across generations but these values are cultural and investment made largely depends on the behavioral implications of the person and his knowledge. The people around us are diverse from risk perspective. So people invest accroding to their risk appetite and behaviour.